As a developed nation that is highly invested in its people and workforce, Singapore has one of the highest literacy rates in the world. There is a continuous demand for high-quality publications and publishing business in Singapore. This includes newspapers, books, magazines, periodicals and more.
These factors are just some of the reasons that Singapore is an ideal publication hub. One reason is because of how easy it is to set up a business. The country is thriving with both international and local publication companies.
Thinking about setting up a publishing business in Singapore? These are some of the types of licenses that you’re going to need to start your venture:
For the publication of novels or one-off commemorative booklets, you do not need a permit.
The types of licenses you would need would depend on the specific nature of your business. There are times when additional licenses and approvals may be needed.
Before any type of business can begin its operations in Singapore, the business or company needs to first and foremost, be incorporated. There is no moving forward and taking the further steps needed if your business isn’t first incorporated.
Once that has been taken care of, the next phase would be to ensure the premise you intend to open the business in is suitable and has the necessary approval needed before business can commence.
And aside from getting the necessary licences and permits to run and operate the business, you would also need to source for the right staff to fill the roles within the business. Unless you have suitable candidates already in mind, this part of the process could potentially take up quite a bit of time.
Starting a business is a lot of hard work, but enlisting the help of professional services and experts at it can help to make the process a much smoother transaction. 3E Accounting is more than ready to help you take that next step towards starting your own publishing company. Get in touch with us today to find out how we can help you.
Read more about Setting up a Publishing Business in Singapore from 3E Accounting Pte Ltd, Singapore.
For more information and assistance on Setting up a Publishing Business in Singapore and the licensing types and procedures, contact Corporate Service Provider – 3E Accounting Pte Ltd, Singapore and our panel of experts will be more than happy to assist you with any queries you have.